Mortgage Stats and Info for Nova Scotia, Canada
Busy Months
This graph below represents the volumes of Web applications received by Super Brokers in each month for all years combined. The busiest month for mortgages from Nova Scotia happens to occur in April with 9.5% of applications, while our slowest is December with 4.8%.
| April | 9.5% |
| August | 9.5% |
| January | 9.3% |
| May | 9.3% |
| February | 9.2% |
| March | 9.1% |
| July | 9.0% |
| June | 8.4% |
| October | 7.7% |
| September | 7.6% |
| November | 6.7% |
| December | 4.8% |
Busy Days
The information listed below plots the busy days for mortgage applications that were received by Super Brokers' web site. Each day represents a combined total of all occurrences of that day in the past 5 years. In Nova Scotia the busiest day, having more than 18.0% of all submissions, is Monday. In comparison, Saturday is the slowest day with only 9.4% of all inquiries.
| Monday | 18.0% |
| Tuesday | 16.9% |
| Wednesday | 15.9% |
| Thursday | 14.9% |
| Sunday | 12.7% |
| Friday | 12.3% |
| Saturday | 9.4% |
Peak Hours
In Nova Scotia, inquiries are received 24 hours a day on the Super Brokers web site. The graph shown below indicates the busy hours in the day. 42.4% of all mortgages are received in the morning, while 57.6% arrive in the afternoon.
| Midnight - 1 AM | 2.1% |
| 1 AM - 2 AM | 1.2% |
| 2 AM - 3 AM | 0.9% |
| 3 AM - 4 AM | 0.3% |
| 4 AM - 5 AM | 0.3% |
| 5 AM - 6 AM | 0.2% |
| 6 AM - 7 AM | 0.9% |
| 7 AM - 8 AM | 1.1% |
| 8 AM - 9 AM | 2.7% |
| 9 AM - 10 AM | 3.9% |
| 10 AM - 11 AM | 5.5% |
| 11 AM - Noon | 6.5% |
| Noon - 1 PM | 6.5% |
| 1 PM - 2 PM | 7.1% |
| 2 PM - 3 PM | 7.2% |
| 3 PM - 4 PM | 7.0% |
| 4 PM - 5 PM | 6.7% |
| 5 PM - 6 PM | 5.0% |
| 6 PM - 7 PM | 5.2% |
| 7 PM - 8 PM | 5.9% |
| 8 PM - 9 PM | 8.6% |
| 9 PM - 10 PM | 7.5% |
| 10 PM - 11 PM | 4.5% |
| 11 PM - Midnight | 3.2% |
Busy Seasons
The pie chart displayed below lists the busy seasons for Internet mortgage application submissions received by Super Brokers. The busiest season for mortgage applications located in Nova Scotia occurs in Spring with 27.8% of applications, while our slow season is Autumn with 22.0%.
- Winter
- Spring
- Summer
- Autumn
| Winter | 23.3% |
| Spring | 27.8% |
| Summer | 26.8% |
| Autumn | 22.0% |
Top Cities
| Average | |||||||
|---|---|---|---|---|---|---|---|
| Rank# | City/Town | % of Inquiries | Age | Income | Co-Income | Loan | |
| 1 | Halifax, NS | 0.445% | 36 | $52.4K | $35.3K | $155K | |
| 2 | Dartmouth, NS | 0.322% | 38 | $59.3K | $33.1K | $134K | |
| 3 | Sydney, NS | 0.208% | 37 | $49.2K | $27.3K | $91.4K | |
| 4 | Truro, NS | 0.162% | 37 | $45.5K | $27.2K | $111K | |
| 5 | Amherst, NS | 0.113% | 39 | $38.8K | $29.4K | $104K | |
| 6 | Lower Sackville, NS | 0.111% | 36 | $44.3K | $28.3K | $143K | |
| 7 | Yarmouth, NS | 0.103% | 38 | $42.5K | $22.7K | $86.1K | |
| 8 | Glace Bay, NS | 0.068% | 39 | $50.7K | $26.1K | $91.4K | |
| 9 | Kentville, NS | 0.057% | 39 | $38.1K | $19.6K | $138K | |
| 10 | Bridgewater, NS | 0.054% | 34 | $50.3K | $36.4K | $135K | |
| 11 | New Glasgow, NS | 0.052% | 39 | $42.5K | $22.7K | $92.1K | |
| 12 | Pictou, NS | 0.051% | 38 | $37K | $30.6K | $76.3K | |
| 13 | Bedford, NS | 0.049% | 36 | $134K | $40.5K | $169K | |
| 14 | Wolfville, NS | 0.048% | 43 | $61.3K | $46.1K | $219K | |
| 15 | North Sydney, NS | 0.048% | 36 | $40.6K | $38K | $101K | |
| 16 | Liverpool, NS | 0.046% | 38 | $38.9K | $15.8K | $95.5K | |
| 17 | Antigonish, NS | 0.044% | 34 | $42.2K | $21.2K | $83.2K | |
| 18 | Eastern Passage, NS | 0.035% | 33 | $43.9K | $35.1K | $96.6K | |
| 19 | New Minas, NS | 0.033% | 36 | $42.1K | $17K | $139K | |
| 20 | New Waterford, NS | 0.033% | 35 | $39.9K | $24.4K | $79.7K | |
| 21 | Sydney Mines, NS | 0.030% | 36 | $82.3K | $25K | $109K | |
| 22 | Timberlea, NS | 0.027% | 39 | $45.1K | $34.6K | $158K | |
| 23 | Centreville, NS | 0.027% | 38 | $38K | $30.6K | $108K | |
| 24 | Windsor, NS | 0.025% | 36 | $33.1K | $60.3K | $130K | |
| 25 | Kingston, NS | 0.024% | 36 | $42.1K | $16.5K | $99.1K | |
Age Ranges for Mortgage Applicants
In Nova Scotia, the median age for when home-buyers inquire about a mortgage is 36. The youngest to apply for a mortgage with SuperBrokers was 19 and the most aged was 100 years old.
Marital Status for Mortgage Applicants
When mortgage applicants in Nova Scotia fill out a online application on our website, they enter a marital status, and the most common status' they report are Married with 43.9%, Single with 27.4%, Common Law with 19.1%, Divorced with 4.1%, Separated with 4.1%, and Widowed with 1.5%.
Mortgage Types
Of the applications in Nova Scotia, the 5 most common types are Qualification with 21.3%, First-time Buyer with 16.9%, Purchase with 16.6%, No Money Down with 15.4%, and Refinance with 14.9%.
- Qualification
- First-time Buyer
- Purchase
- No Money Down
- Refinance
- Other
| Qualification | 21.3% |
| First-time Buyer | 16.9% |
| Purchase | 16.6% |
| No Money Down | 15.4% |
| Refinance | 14.9% |
| Other | 14.8% |
Current Living Arrangement
When asked on an online mortgage application if they rent or own and where they live, the people of Nova Scotia commonly report: Rent with 48.7%, Own with 38.4%, and Live with parents with 5.7%.
